May 22, 2013

Kentfield Pending & Contingent Sales – Real Estate Contingencies

Pending Sales Belvedere Bolinas Corte Madera Greenbrae
Kentfield Larkspur Mill Valley Novato Ross
San Anselmo San Rafael Sausalito Stinson Beach Tiburon

View Kentfield contingent and pending sales here. What are contingent or pending sales? They are homes that are under offer or contract of sale. The buyer has not released his contingencies yet, meaning that if he chooses to back out for any reason, he can. Usually without loss of any of his earnest money deposit.

These “contingencies” must be included in the contact to purchase to protect the buyer. One contingency is the ‘finance contingency’. Until you have 100% Underwriter Loan approval you should NOT remove this contingency. Another contingency is the ‘appraisal contingency’. This protects the buyer in case your Lender does not value the property as highly as you do. If the appraisal falls short of the purchase offer price you could ask the Seller to match the appraised value or back out of the deal with a full refund of your deposit.

The last major contingency is the ‘inspection contingency’. You should do all inspections that are important to yourself and the property you are buying. The main inspections are Pest Inspection and Home Inspection. Others that may be considered are Roof, Chimney, Pool, Foundation and even Soils Inspections. Marin Real-Estate recommends Engineered Soil Repairs for any suspect earth movement.

Contingencies protect you in case you cannot perform or choose not to perform and close escrow on a home. If you cancel a contract after you have waived ALL contingencies you could find yourself forfeiting your earnest money deposit, usually to a maximum of 3% in California. Once a Buyer has removed ALL contingencies, the home is ready to close escrow.

Showing properties 1 - 8 of 8. See more Kentfield Pending & Contingent Sales - Real Estate Contingencies.
(all data current as of 5/22/2013)

  1. 5 beds, 3 full baths
    Home size: 3,199 sq ft
    Lot size: 43,560 sqft
    Year built: 1949
    Days on market: 4
    Listing provided by Bjorn Sandberg, Pacific Union International
  2. 2 beds, 1 full bath
    Home size: 973 sq ft
    Lot size: 7,810 sqft
    Year built: 1949
    Parking spots: 1
    Days on market: 14
    Listing provided by Kathleen Hilken, Frank Howard Allen-San Rafael
  3. 3 beds, 2 full baths
    Home size: 1,753 sq ft
    Lot size: 7,100 sqft
    Year built: 1920
    Days on market: 19
    Listing provided by Randall Waller, W Real Estate
  4. 8 beds, 7 full baths
    Home size: 6,600 sq ft
    Lot size: 1.68 ac
    Year built: 1903
    Days on market: 22
    Listing provided by Tracy Mclaughlin, Pacific Union International
  5. 5 beds, 4 full, 1 part baths
    Home size: 3,730 sq ft
    Lot size: 26,249 sqft
    Year built: 1970
    Parking spots: 2
    Days on market: 26
    Listing provided by Tracy Mclaughlin, Pacific Union International
  6. 5 beds, 4 full baths
    Home size: 3,500 sq ft
    Lot size: 10,154 sqft
    Year built: 1940
    Days on market: 34
    Listing provided by Karin Narodny, Frank Howard Allen - Greenbrae
  7. 4 beds, 5 full, 1 part baths
    Home size: 4,100 sq ft
    Lot size: 11,879 sqft
    Year built: 1987
    Parking spots: 4
    Days on market: 82
    Listing provided by Timothy Hill, Decker Bullock Sothebys International Realty
  8. 4 beds, 3 full, 1 part baths
    Home size: 2,912 sq ft
    Lot size: 9,322 sqft
    Year built: 1995
    Days on market: 308
    Listing provided by Melissa Crawford, Decker Bullock Sothebys International Realty

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2013.